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New Delhi : Life Insurance Corporation of India i.e. LIC has started a new smart pension plan. It is a non -profitable, non -linked, personal, saving, immediate annual plan. Let us tell you that according to the official website of the State Insurance Holders, the new single premium immediately provides a wide series of the annual annual option. Out of which policyholders can select options according to their needs.

If you are considering investing in this retirement plan as an investor, then here we have brought some details for you. In which all your questions will be answered. Learn the answers to the major questions to the smart pension scheme here.

Can you buy it together with someone?

The answer to this question is that you can be taken between any 2 descendants or ancestors, parents, children, grandchildren or wife or wife or brother-in-law or mother-in-law or mother-in-law or mother-in-law or mother-in-law. Is.

Is there any guarantee of annual?

The answer is yes. Under all annual options, the annual rates are guaranteed at the beginning of the policy.

What are different options available?

Various options are available in this retirement scheme. In which liquidity, advance annual option and annual storage option.

What options are available regarding payment of death benefits?

Various options are available for payment of death benefits, such as the lampsam death benefit, annual cause of death benefit and payment in installments.

What are the options available for annual period?

A total of 14 annual options are available under single life. These include Life annual, fixed annual for 5 years and life even after that, fixed annual for 10 years and even after that.

There are 7 different annual options available under Joint Life Insurance.

Can you change the annual option?

No, once the annual option is selected, it cannot be transforated.

What are the minimum and maximum percentage price?

The minimum purchase price is Rs 1 lakh and has no limit.

What is minimum annual?

The minimum is Rs 1,000 per month, Rs 3,000 per quarter or Rs 6,000 per half and Rs 12,000 per year.

What is the method of paying premium?

Insurance premium should be paid as single premium.